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EU to allocate 80 mln euros to Ukraine

Posted by the Editor on February 2, 2007

News / 2 February 2007 | 17:57

EU to allocate 80 mln euros to Ukraine

EU to allocate 80 mln euros to Ukraine

Kyiv hosted presentation
of the project “Stable Territorial Development of Ukraine”, financed
by the EU. The project envisages elaboration of a complex strategy of a stable
local development, head of EuroCommission’s Mission to Ukraine Ian Boag said.
According to him, the EU will provide Ukraine with 80 M. Euros for development
and improvement of living standards of some Ukrainians. The European Commission
views the project as a completing part of democratic changes in Ukraine in the
context of a new agreement between the EU and Ukraine.

The project aims at
improvement of public utilities infrastructure, improvement of management
system and elaboration of a complete strategy of stable local market.

The project’s fulfilment
is supposed to last for 4 years and is evaluated at 13 M. Euros.

The project will be
launched in the Chernihiv region, Sumy region, Kharkiv region, Luhansk region, Cherkasy


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